Evercore ISI analyst David Togut raised the firm’s price target on Euronet to $140 from $138 and keeps an Outperform rating on the shares, which the analyst is adding to the firm’s to “Tactical Outperform” list before the company’s Q2 earnings report due in late July to early August. The firm expects Euronet to exceed the Q2 consensus EPS estimate by 5% and the top end of the company’s guidance by 3% driven by the EFT segment for ATM processing, the analyst tells investors in a preview note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EEFT:
- Euronet participates in a conference call with Northland
- Onnipro Partners with Euronet to Enhance Card Issuing and Payment Processing in Brazil
- Euronet management to meet with Truist
- Euronet announces appointment of Herrero to board of directors
- Euronet Announces Appointment of Sergi Herrero to Its Board of Directors